GIC IPO Allotment Status is now out on the official website. Investors who want to check the IPO Allotment Status of GIC Re can check it online. The allotment is available at the registrar’s website. General Insurance Corporation of India has launched the biggest IPO in the recent times. The state-run company came with a Rs 11,370 crore initial public offering. The company will raise money by selling 14.22% through this IPO. GIC’s IPO is the second-biggest IPO since Coal India, which had raised Rs 15,200 crore in October 2010. Investors all around India was very excited about this IPO and applied for it. Some long-term investors want this IPO to add to their portfolio and others want to make some quick profit during Diwali 2017. It seems that this IPO will be the hot favorite between both the long-term investors and the short-term investors. Investors must check the IPO Allotment status of General Insurance Corporation of India via online and telephone. Those investors who want to check the allotment online must read the below-given information. This site will help you find your allotment.
GIC Re IPO Allotment
Let’s check some of the details about the GIC IPO.
- Name of the company: General Insurance Corporation of India (GIC Re)
- IPO opening date: 11 October 2017
- IPO closing date: 13 October 2017
- IPO Allotment Date: 18 to 20 October 2017
- IPO price: Rs. 855 – Rs. 912
- Registrar: Karvy Computershare Private Limited
- Link to check allotment: https://corpreg.karvy.com/ipostatus/
The IPO of General Insurance Corporation of India was started on 11th October 2017 for the subscription. The last date to send an application for this IPO was 13 October 2017. The price band was set in the range of Rs. 855 – Rs. 912 per share and the retail investors were given the discount of Rs. 45 per share. Now as the subscription cum application process for this IPO is over. Investors are looking for the allotment status. The allotment will soon be available online.
General Insurance Corporation of India IPO Allotment Status
The allotment status can be seen on the Karvy website as Karvy is the registrar to the issue. The expected allotment date for this IPO will be on or around 18th October 2017. Investors should check the allotment status on or around this date. The allotment will be displayed on or around this date. www.greymarket.co.in will always give the official link of the allotment status here on this website. Investors need to check this website around the expected allotment date. We also welcome healthy messages on our website. If you have any questions or if you know anything which can be beneficial to the other investors then you can share it here on our website.